Lockheed Martin awarded $197.48M U.S. Navy contract modification
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Lockheed Martin (NYSE:LMT) has been awarded a $197.48M modification to a previously awarded U.S. Navy contract to exercise options for Navy engineering design, development, and production supporting sound navigation and ranging systems.
Work is expected to be completed by September 2026.
The Naval Sea Systems Command, Washington, D.C., is the contracting activity.
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